Latest Mining News

Sarama Resources has raised A$2.7 million to fund exploration at its Australian gold projects while progressing a significant arbitration claim against Burkina Faso for expropriation of its African permit.

Sarama Resources Ltd reported a $1.9 million loss for the first nine months of 2025 while securing A$2.7 million in equity funding and advancing a $242 million arbitration claim against Burkina Faso over mining permit expropriation.

Caravel Minerals has withdrawn its recent Strategic Mine Plan Update, urging investors to await the upcoming Definitive Feasibility Study due in early 2026 before making decisions.

Robex Resources has filed a management information circular ahead of a December 15 shareholder vote on a proposed acquisition by Predictive Discovery. The deal promises to create a West African gold mining powerhouse.

Predictive Discovery Limited’s definitive feasibility study for the Bankan Gold Project in Guinea reveals a substantial 2.95 million ounce gold reserve and strong project economics, supported by comprehensive environmental and social approvals.

Rox Resources has successfully raised approximately A$200 million through a major institutional placement, securing full equity funding for the development of its Youanmi Gold Project. Supported by cornerstone investors and existing shareholders, the company is positioned to advance construction and begin gold production by mid-2027.

InVert Graphite has reported promising initial drilling results from its Kumba prospect in Tanzania, confirming consistent high-grade graphite mineralisation with grades reaching 13.4% Total Graphitic Carbon. The ongoing drilling program aims to further delineate this significant graphite resource ahead of the wet season.

Emu NL has raised $1.4 million through a discounted share placement to fund an expanded drilling program at its Yataga Copper Project, with drilling expected to start by late November 2025, subject to fire risk conditions.

Cyprium Metals has refinanced its US$27.3 million senior secured loan with Nebari, extending maturity to 2029 and enabling flexible debt management as it advances the Nifty Copper Complex restart.

Horizon Minerals has agreed to sell its Lake Johnston Project to Forrestania Resources for $35 million, aiming to refocus on advancing its Black Swan gold operations.

Horizon Minerals has agreed to sell its Lake Johnston Project for $35 million to Forrestania Resources, aiming to bolster funding for its flagship Black Swan gold project. The deal combines cash and shares, positioning Horizon for growth and operational advancement.

Argent Minerals has reported its highest silver grades to date at the Kempfield Project, intersecting over 200 metres of mineralisation including exceptional high-grade zones. The company is gearing up for an extensive follow-up drilling program to expand its promising polymetallic resource.